At number 3426th in the list of Australian suburbs ordered by increase in median house value over the last year, Leongatha, 3953 is in the BOTTOM 20% with a property value increase of -3.23% recorded in median house prices.
Leongatha,3953 has offered an average of -3.23% return per annum in house price rises to property investors over the last three years.
Leongatha3953 is located in VIC which offers an average discount of -5.71% to property investors. Leongatha itself is showing figures that indicate -5.63% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $3240 per annum or $270 every week.
Property investors who have had real estate in Leongatha, 3953 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Over the longer term, Leongatha has seen property prices show investors a 1.85% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.95% offered to property buyers. Sellers in Leongatha itself are offering an average vendor discount of -4.36% to real estate investors.
Often selling an investment property can take time, and in Leongatha the average time real estate has been on the market is 155.58 days.
Leongatha, 3953’s gross rental yield is 4.16%